STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Information Services Group Inc. (III) on Monday reported third-quarter profit of $3.1 million.
The Stamford, Connecticut-based company said it had net income of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The market advisory service company posted revenue of $62.4 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $61 million.
For the current quarter ending in December, ISG said it expects revenue in the range of $60.5 million to $61.5 million.
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